On December 10, 2024 it was noted that the Dow was going through a process of completing a short term Engrbytrade™ Eight Point Trading Model structure. The first chart shows the final results. The second chart identifies a new preliminary Engrbytrade™ Eight Point Trading Model structure that was initiated on February 14, 2025. This decline is not complete and it is a clear case of algorithms controlling the decline.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
